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Ethereum Treasury News

Latest Ethereum Treasury News

BitMine is nearing its Ether target. What replaces its weekly buying? - 3
Feature
Read more - BitMine is nearing its Ether target. What replaces its weekly buying?

BitMine is nearing its Ether target. What replaces its weekly buying?

BitMine bought Ether every week for more than 15 months, building a treasury of about 6.02 million ETH. Chairman Tom Lee now says the company is close to its target of holding 5% of the network’s supply and will stop…
Bitmine stakes $13.8 billion in ETH as treasury tops 6 million tokens - 4
News
Read more - Bitmine stakes $13.8 billion in ETH as treasury tops 6 million tokens

Bitmine stakes $13.8 billion in ETH as treasury tops 6 million tokens

Bitmine Immersion Technologies has raised its Ethereum treasury to 6,016,414 ETH after buying another 15,112 tokens over the past week, leaving the company just short of its target to own 5% of Ethereum’s supply. According to Bitmine’s Oct. 5 holdings…
Inside the company staking more than 5 million ETH - 5
Feature
Read more - Inside the company staking more than 5 million ETH

Inside the company staking more than 5 million ETH

BitMine owns nearly 5% of Ethereum’s stated supply and has staked most of it. Its September filings invite a closer question than the size of one treasury: how much validator operation, withdrawal authority and economic reward sit inside the same…
BitMine adds 17,362 ETH as treasury crosses 6 million
News
Read more - BitMine adds 17,362 ETH as treasury crosses 6 million

BitMine adds 17,362 ETH as treasury crosses 6 million

BitMine bought 17,362 ETH last week, lifting its Ethereum holdings above 6 million tokens and bringing its 5% supply target closer.
Crypto bull market has begun, Tom Lee says as Bitmine nears 6M ETH - 6
News
Read more - Crypto bull market has begun, Tom Lee says as Bitmine nears 6M ETH

Crypto bull market has begun, Tom Lee says as Bitmine nears 6M ETH

Bitmine chairman Tom Lee has said a crypto bull market is underway and could strengthen in the fourth quarter as the Ethereum treasury company added another 27,562 ETH worth roughly $75 million. According to Bitmine Immersion Technologies, Lee believes the…
Bitmine buys 27,180 ETH as Tom Lee eyes year-end crypto rally - 7
News
Read more - Bitmine buys 27,180 ETH as Tom Lee eyes year-end crypto rally

Bitmine buys 27,180 ETH as Tom Lee eyes year-end crypto rally

Bitmine Immersion Technologies has purchased 27,180 Ethereum over the past week, lifting its holdings to 5.96 million ETH as chairman Tom Lee points to U.S. legislation and institutional demand as possible drivers of a year-end crypto rally. Bitmine’s ETH holdings…
BitMine buys 28,086 ETH amid Tom Lee’s bullish outlook - 8
News
Read more - BitMine buys 28,086 ETH amid Tom Lee’s bullish outlook

BitMine buys 28,086 ETH amid Tom Lee’s bullish outlook

BitMine Immersion Technologies has purchased 28,086 ETH worth about $70.1 million, raising its Ethereum treasury to 5.93 million tokens as Chairman Tom Lee predicts further gains for the asset. BitMine’s Ethereum treasury has reached 5.93 million ETH BitMine said in…
Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short - 9
News
Read more - Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short

Abraxas Capital buys $32M ETH to hedge $353M Hyperliquid short

Abraxas Capital has bought another 13,000 ETH worth $32.39 million in the spot market to hedge part of a 141,180 ETH short position on Hyperliquid valued at $353.27 million. Lookonchain said on Sept. 8 that Abraxas Capital purchased the additional…
BitMine adds 53,501 ETH as holdings reach 5.9M - 10
News
Read more - BitMine adds 53,501 ETH as holdings reach 5.9M

BitMine adds 53,501 ETH as holdings reach 5.9M

BitMine Immersion Technologies has purchased another 53,501 ETH, lifting its Ethereum treasury to 5,901,112 tokens worth about $14.54 billion at the time of writing. BitMine’s Ethereum holdings have reached 5.9 million ETH BitMine Immersion Technologies said in its latest treasury…
Ethereum price rises 29% as Tom Lee says rotation has begun
News
Read more - Ethereum price rises 29% as Tom Lee says rotation has begun

Ethereum price rises 29% as Tom Lee says rotation has begun

Ethereum gained 29% in one week and outperformed Bitcoin as Tom Lee argued that an ETH rotation has begun, while setting a $10,000 target.
Tom Lee expects Ethereum to outperform Bitcoin on AI, tokenization - 11
News
Read more - Tom Lee expects Ethereum to outperform Bitcoin on AI, tokenization

Tom Lee expects Ethereum to outperform Bitcoin on AI, tokenization

BitMine Chairman Tom Lee has identified BMNR as the US-listed stock most closely tied to Ethereum, citing an 80% correlation while predicting that ETH will outperform Bitcoin during the current cycle. Fundstrat said in a Friday post on X that…
Strategy Bitcoin treasury returns to profit above $75,385
News
Read more - Strategy Bitcoin treasury returns to profit above $75,385

Strategy Bitcoin treasury returns to profit above $75,385

Strategy’s 840,447 BTC returned above its $75,385 average cost as Bitcoin rallied, while BitMine retained a multibillion-dollar ETH loss.
BitMine adds 9,926 ETH as BMNR stock gains 3.7%
News
Read more - BitMine adds 9,926 ETH as BMNR stock gains 3.7%

BitMine adds 9,926 ETH as BMNR stock gains 3.7%

BitMine added 9,926 ETH, lifted holdings to 5.82 million and repurchased 1.7 million shares as BMNR stock gained 3.7%.
FG Nexus exits ETH treasury after $45.2M loss
News
Read more - FG Nexus exits ETH treasury after $45.2M loss

FG Nexus exits ETH treasury after $45.2M loss

FG Nexus sold all digital assets by June 30 after its ETH strategy lost $45.2M, and now plans to redirect capital toward real estate.
BitMine lands $81.9M stake from Norway wealth fund
News
Read more - BitMine lands $81.9M stake from Norway wealth fund

BitMine lands $81.9M stake from Norway wealth fund

Norway’s sovereign wealth fund disclosed 6.15 million BitMine shares worth $81.87M, giving it indirect exposure to Ethereum.
SharpLink posts $394M Q2 loss on ETH write-downs - 12
News
Read more - SharpLink posts $394M Q2 loss on ETH write-downs

SharpLink posts $394M Q2 loss on ETH write-downs

SharpLink has posted a $394.3 million second-quarter loss after falling ETH prices produced $397.1 million in unrealized losses and write-downs. ETH write-downs outweigh revenue growth SharpLink’s second-quarter results showed that revenue reached $11.5 million during the three months ended June…